Lam Research Corporation (NASDAQ:LRCX) last session’s volume of 4.06 million shares was higher than its average volume of 2.01 million shares. The stock, after opening at $148.83, hit $148.21 through the close by scoring -0.18%.Lam Research Corporation (LRCX) Analyst Opinion
Lam Research Corporation has a consensus outperform rating from 19 Wall Street analysts, and the number of shares currently sold short amount to at least 6.04% of shares outstanding. The stock spiked 0.64% last month and is up 40.18 this year. Wall Street is only getting more bullish on the stock, with 17 of analysts who cover LRCX having a buy-equivalent rating. Analysts have placed a $162.4 price target on Lam Research Corporation, suggesting a 9.57% gain from recent close. It’s currently trading about -11.28% below its 52-week high.Lam Research Corporation Earnings Surprise
Lam Research Corporation (LRCX) surprised the stock market in its last reported earnings when it earned $2.8 a piece versus the consensus-estimated $2.55. Its revenue totaled $2.13 billion up 13.18% from the previous quarter.
This stock (LRCX) is ahead of its 52-week low with 87.25%. Its last month’s stock price volatility remained 3.23% which for the week stands at 2.36%. The share price has moved backward from its 20 days moving average, trading at a distance of -4.84% and stays 0.78% away from its 50 days moving average. Over the last five days, shares have faced -6.07% losses and now is up 26.49% since hitting its 200-day moving average of $126.6. Lam Research Corporation (LRCX) has made its way to a 12-month gain of 79.28%.
Turning to Core-Mark Holding Company, Inc. (NASDAQ:CORE), its shares were trading at $34.4 a retreat of $-1.33, on the trading floor. The stock, after opening at $34.71, touched a high of $34.83 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 1.8. Core-Mark Holding Company, Inc. has 3 buy ratings, 1 holds and 0 sells even after the stock tumbled -31.2% from its high of $50 to a $1.65 billion market value through last close.Core-Mark Holding Company, Inc. (CORE) Consensus Price Target
The company’s consensus rating on Reuter’s scale remained unchanged from 1.6 to 1.6 during a month. Analysts set a 12-month price target of $41.4 a share. The target implies a 20.35% spike from where the shares are currently trading. Also, the current price highlights a discount of 54.07% to analysts’ high consensus price target.Core-Mark Holding Company, Inc. (NASDAQ:CORE) Intraday Trading
The counter witnessed a trading volume of 0.75 million shares versus an average volume of 0.29 million shares during last trading session. Its last month’s stock price volatility remained 2.71% which for the week approaches 2.89%. The lowest price the stock reached in the last trading day was $33.78 and compares with the $30 52-week low. The stock recovered 14.67% since its low point and has performed -20.13% year-to-date.